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CBS Corporation Message Board

  • petelato petelato Aug 2, 2012 6:54 PM Flag

    um, hey about the TOP line?

    investing 101 says the top line is really the number that counts,( and from what I read:
    CBS beat on the bottom line but comes up short on its top line. Total revenue declined 3% Y/Y, despite stronger results from its cable-networks business and better margins. Advertising sales -3.3%. Content-and-licensing revenue -7.9%. Operating margin widened to 22.1% from 20.5%
    Don't be surprised when this falls tomorrow, this was all a run up to earnings and now the sell-off will begin...
    this stock never holds it's highs-better lock in your profits if you got them!!

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